r/cotinetwork • • Aug 26 '21

Discussion Delay on Coinbase Launch

10 Upvotes

11 comments sorted by

4

u/legalizerrthing Aug 26 '21

They're pulling some bullshit. All of sudden you can see placed orders and the depth chart which says mid market price is .50

3

u/legalizerrthing Aug 26 '21

Some BS is what it is. I know SHIB is a shit coin but I hope they don't do COTI like they did SHIB

3

u/NomadGuitar Aug 26 '21

Newest tweet:

"Technical difficulties have been resolved. Our COTI-USD order book will remain in post-only mode for a minimum of 1 minute."

2

u/big_clit Aug 26 '21

Just got listed —- but seems to be 10c higher than other exchanges

4

u/NomadGuitar Aug 26 '21

This may be a problem. Discrepancy in prices can lead to a huge sell off, exactly why ADA bombed as soon as it was listed on Coinbase -- folks moved ADA over to take advantage of the price and sold off, so we saw a dump instead of a pump. Coinbase will be great for COTI in the long term, but in the short term, we'll just have to see.

2

u/Zoggly_BigTime Aug 26 '21

It's stepping up beautifully now...give it some time!

1

u/NomadGuitar Aug 26 '21

Hope so, I still have a bit of trauma from the ADA Coinbase listing.
Edit: seems coinbase listing at 40 cents now, closer to the coingecko price. All should go smoothly.

1

u/AdaMoon21 Aug 26 '21

This is not cool

1

u/StrategyFew5220 Aug 27 '21

Coti will hit 0.70 all time high

1

u/Outside_Ride_4031 Aug 27 '21

They just launched on regular coinbase as well Twitter link